The newton company has 120000 shares of stock that each, Ask an Expert

Finance

The Newton Company has 120,000 shares of stock that each sell for $65. Suppose the company issues 9,000 shares of new stock at the following prices: $65, $50, and $45.

What is the effect of each of the alternative offering prices on the existing price per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Share price

New shares at $65 $?

New shares at $50 $?

New shares at $45 $?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91784034

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